Skilled Nursing Facility Sold – Knox City, TX
Matthew Alley sold a Skilled Nursing Facility in Knox City, TX. Brazos Valley Care Home facility consists of 66 beds and is located approximately 75 miles north of Abilene, 128 miles east of Lubbock and 170 miles west of Ft. Worth. The transaction closed in June 2017 for $1,295,000. The facility, constructed in the 1960’s, is about 14,824 square feet on 2.12 acres of land. The property has maintained a census of around 68% for the past several years.
According to Matthew Alley, “The Knox City transaction allowed for the independent owner/operator to exit the skilled nursing industry. This deal showed the benefits of SLIB’s local focus as the purchaser is a mid-sized owner-operator located in Texas.”
For more information on the above transaction, or to inquire about the value of your Senior Living Communities, please contact Matthew Alley.
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